Preferences

Undisclosed Address

Spring Hill, Florida, 34608, United States

Property ID: #13355974 // Commercial // Source Status: Pending
    / 39
Traditional Sale
List Price:
USD $1,799,000
Icon 3,327 ft²
Icon 0.46 acres
Icon - beds
Icon - baths
City:
Spring Hill
State:
Florida
Zip Code:
34608
County:
Hernando
Neighborhood:
Spring Hill
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial, Mixed Use
Year Built:
2021
Property Size:
3,327 ft²
Lot Size:
0.46 acres
Data Source:
Stellar MLS
MLS/Reference Number(s):
TB8505564
Source Status:
Pending
Source Property Type:
CommercialSale, MixedUse

Property Provided By

  • Mitchell Eckley
  • COLDWELL BANKER REALTY
  • +1 (813) 286-6563

Connect with local buyer agents who are willing to offer commission savings!

Property Information

Under contract-accepting backup offers. This confidential offering presents a high-upside investment opportunity: a newly constructed (2021) Assisted Living and Memory Care Facility located in a rapidly growing Central Florida submarket. Situated on two parcels totaling approximately 20,000 square feet, the property offers excellent accessibility near major roadways and established medical providers—key drivers for sustained demand and referral flow. The facility is currently operating at approximately 60% occupancy, well below the market’s stabilized average, creating a clear and immediate value-add opportunity through lease-up. The existing care model supports both private-pay and Medicaid residents, allowing for diversified revenue streams and consistent occupancy demand. The property is currently licensed for 10 residents, with the ability to increase capacity to 14 residents within the existing footprint. In addition, a zoning determination letter confirms the potential to expand up to 16 residents, presenting a scalable growth strategy for increased revenue and NOI. With modern construction, below-market occupancy, and confirmed expansion potential, this asset is ideally positioned for an operator or investor seeking to drive NOI through operational improvements, census growth, and future development. Seller financing is available, offering additional flexibility for qualified buyers. Detailed financials, licensing documentation, and expansion information will be made available upon execution of a confidentiality disclosure.

Directions

From the Suncoast Parkway, take County Line Rd west. Turn right onto Linden Dr, then right onto Partridge St. Property will be on your right.

Source Disclaimer

Stellar MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.

Listing Information presented by local MLS brokerage: RealtyHive LLC/Micoley.com LLC
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 19:47:07. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Ask AI about this property

Have questions about this property? Our AI can provide detailed answers based on the property information and uploaded documents.

AI Response:

This information is generated by AI based on available property data and documents. Please verify important details independently.

Example questions you can ask:

  • • What are the property taxes for this home?
  • • Tell me about the neighborhood and local amenities
  • • What financing options are available?
  • • Are there any known issues with the property?
  • • What upgrades or renovations have been made?

Other Properties in the Area